ESPN’s Shams Charania reports the NBA will strip the Clippers of five first-round picks, fine owner Steve Ballmer $30 million and issue suspensions for Ballmer, Lawrence Frank and Gillian Rucker as a result of the Kawhi Leonard cap circumvention investigation.
Leonard will reportedly also have to pay $700,000 in restitution for improper benefits by the Clippers for his uncle and former business representative Dennis Robertson, who has also been banned from all business dealings in the NBA. Both Ballmer and Rucker have been suspended for a year, while Frank’s suspension is for six months. The picks the Clippers will lose are from 2029-2033, though they have a few extra picks during that stretch from the Kawhi and Ivica Zubac trades. The Leonard trade should officially go through now that the investigation is complete.